From Investing.com: 2025-05-07 02:03:00

Commodity markets are trading higher ahead of US-China trade talks. Energy prices are rising on hopes of trade negotiations, despite OPEC+ supply hikes. American Petroleum Institute reports show falling US crude inventories. European gas prices surge on EU plan to phase out Russian gas imports. Power flows to US LNG export terminal stop, boosting European gas prices. Agriculture agency CONAB raises Brazil’s coffee production estimates for 2025/26 due to favorable weather conditions. Arabica futures rise despite increased output.



Read more at Investing.com: Crude Oil Prices Rise as US-China Trade Talks Signal De-Escalation Hopes